The iOS 5.1.1 untethered Absinthe 2.0 jailbreak unveiled in Amsterdam this morning and is available for download. For those who want to run Absinthe 2.0 on OS X 10.8 Mountain Lion, or for those having trouble with the jailbreak, just browse the slideshow and steps above. It is literally as easy as 1, 2, and 3.

Note: A jailbroken iPhone simply means it is freed from the limitations imposed by Apple for safety measures.